bitcoin just split in two , say hello to bitcoin's new twin: BITCOIN CASH .
It's a cryptocurrency clone designed to speed up digital transactions , BITCOIN CASH launched on augest 1st , after miners voted to split bitcoin's blockchain in two, blockchain is the digital ledger that records every bitcoin transaction,if you owned bitcoin during the split , you might already have some bitcoin cash in your wallet .
Most bitcoin owners received an equal amount of the new currency doubling their cryptocash, but bitcoin cash is only worth a fraction of its parent on its first trading day, it was around $360, while bitcoin was trading around $2,700 some popular cryptocurrency exchanges aren't even accepting the clone coinbase isn't supporting it because it's not sure how long it'll last, that means coinbase bitcoin holders didn't receive the new token .
The upgrade comes after heavy concern over the fate of bitcoin investors have been divided on how to slove its scaling issues , many are hoping this upgrade ends the debate and helps bitcoin become a globally used currency .
